To save or invest: Warning as bank term deposits hit $213b
ANZ banking exec reveals what's really happening in people's accounts.
AdvertisementAdvertise with NZME.
Latest fromANZ Banking Group
Vaping, swimming pools, live gigs: 2023 sets consumer spending records
Data from ANZ and Worldline showed spending was subdued in December but still set records.
Consumer confidence increases, but 'willingness to spend' remains low
A new ANZ survey is pointing to improving sentiment among consumers.
ANZ cuts mortgage and deposit rates, ASB picks OCR cut by August
The bank is one of the first to drop its home loan rates.
Retailers gear up for last-minute Christmas rush
But consumers remain under pressure from the higher cost of living.
OCR announcement: Will the Reserve Bank change its interest rate plans?
With a last hike for the year looking unlikely, what does the bank expect for 2024?
NZ 'winning the war on inflation', no more rate hikes needed, Kiwibank says
Economists are reassessing their interest rate outlooks after inflation data surprised.
The Warehouse and union in mediation, broader retail crime a concern
Strike at Warehouse sparks talks, union also juggles bank tensions, retail crime worries.
NZ no longer in recession, GDP result exceeds expectations
Strong exports, IT services, manufacturing helped drive growth in second quarter.
Are we out of recession? Economists make their picks
After two quarters of contraction, has the economy rebounded - and can it last?
Farmers put off debt repayment as economic pressure tightens
Lower farmgate returns, shock milk price drop and rising costs bite bottom lines.
‘Pretty darn good’: Sir John Key upbeat despite debt stress, China’s economy
The chair of NZ's biggest bank reflected on the state of our economy on his 62nd birthday.
Westpac, several smaller banks lift home loan rates - again
More banks have announced changes to their home loan rates.
Consumer confidence up but cost of living continues to bite
ANZ Roy Morgan's consumer confidence survey this month was'"markedly up' on May.
Banks’ preparations for tough times could dampen profits
KPMG sees banks continuing to make provisions for higher bad debts.
Heavy traffic index up - but 'real' recession still expected
Are we there yet? 'Muddlling' economy a sign of colliding forces, bank says.
Scam concerns intrude on big bank probe announcement
The nasty and costly scams have prompted a warning and some advice from ministers.
Consumer confidence falls flat, Kiwis slightly more hopeful
ANZ-Roy Morgan Consumer Confidence Index in May showed Kiwis expect inflation to ease.
Retail sales down, signs of 'stark' year for Kiwi households
Some sectors sacrificed as surging cost of living forces tough choices.
Inflation expected to get back in its box in two years
Experts believe interest rate hikes are working.
Markets with Madison: Bank profits have peaked, Apple eats their lunch
ANZ's CEO expects mega-profits to decline from here.
ANZ defends billion-dollar-plus first half profit
ANZ first half rise by 1 per cent to $1.1 billion.
Consumers still wary about the economy - ANZ
ANZ-Roy Morgan's consumer confidence index is still "extremely low" this month.
Six reasons why one Ponsonby Central restaurant failed
'Business was already financially struggling with high overheads and staffing issues.'
House price drop coincides with crippling mortgage rates
Anne Gibson analyses latest house price data, mortgage rates and Fletcher downgrade.
Supply Shock: Where economists expect price rises in wake of flood
Impact to wider economy marginal, but flooding means more disruption to supply chains.
ANZ buys ex-cricketer's tech firm
Not clear if bank's rivals will remain as customers.
ANZ increases home loan rates - first major bank to hike after OCR rise
The move comes in the wake of last week's official cash rate hike.
Bank profits: Can Govt stop big four from making so much money?
Should banks be raking in record profits during a cost of living crisis?
The big corporate where only 70% of workers can come into the office
Hybrid working has become more of a permanent shift for some businesses.
ANZ CEO defends record profit and warns of 'dark clouds' ahead
The bank is keeping a close eye on rising interest rates and unemployment.
ANZ NZ profit up 20 per cent to $2.3 billion
Consumers' desire for normality and strong property market boosted the bank.
More banks move to increase interest rates
Some mortgage rates are now over 7 per cent.
